Initial unemployment claims fell steadily throughout most of 2009, but since November 2009 there’s been no discernible trend:
(Click on the graph if the quotes are hard to read.)
It also seems to be surprisingly hard to say what the “break-even” point is for new unemployment claims. My google search found that everyone uses a different number, but recently numbers in the vicinity of 400k-425k seem to be the most common.
(Via Hot Air.)
Internet Scofflaw 
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